Loan Purchase To Turn Borrowing On Its Axis

A revolutionary business idea has meant that people everywhere are realising that they are indeed worth more than they thought! After all no other service allows you to translate your supercars, boats and bikes into hard earned cash with a revolutionary buy back option should the opportunity arise.

Turning the traditional pawn broking idea on its axis, Loan Purchase the revolutionary firm based in Dorset are able to offer customers the chance to raise cash against a much loved item as a temporary solution to the crippling debt many of us face in this tough economic climate.

Internet auction sites have long been a favourite source of cash for those wanting to sell unwanted goods-but what if you desperately need to raise cash but are unable to part with an item that is extremely personal?

Daryl Self, Managing director at Loan Purchase, who offer short-term loans with a difference, said, “The service we offer, allows each customer to ‘have their cake and eat it’. In effect they can raise money against a much loved item and still buy it back after an agreed amount of time, which can be extended by up to six times.  With sites such as eBay you can run the risk of losing an item forever, sure you will have the money but what if you change your mind or your financial situation changes?”

So far the Dorset based firm have received everything from grandfather clocks, motorbikes, jet skis, artwork, grand pianos, supercars, planes, boats and yachts along with business commercial items such as JCBs and Diggers!

Mr Self added, “As bonuses disappear and unemployment numbers rise, people are now under more pressure than ever to make repayments or to raise money. We are all finding that credit card providers and loan companies have continued to tighten their lending criteria, which means even those with faultless credit ratings struggle to get a loan.  This is why we have developed Loan Purchase as a means of generating short-term loans against a variety of items- large or small.  In today’s climate, we all need to be exploring other avenues and for us that other avenue is Loan Purchase.”